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Global business aviation fleet to grow 29% with nearly 10,000 new jets delivered by 2035, driven by rising demand and utilization.

Market News
19 Oct 2026
PRNewsWire
View Source
Bullish
Global business aviation fleet to grow 29% with nearly 10,000 new jets delivered by 2035, driven by rising demand and utilization.

Honeywell Aerospace's 35th annual Global Business Aviation Outlook forecasts nearly 10,000 new business jet deliveries and 4,200 turboprops over the next decade, expanding the global fleet by 29% to about 51,000 aircraft by 2035. Flight hours are expected to grow 34%, fueled by increased utilization from charter and fractional operators, reflecting a shift toward shared-use models. The U.S. leads global activity, while Latin America and Europe show strong growth potential despite challenges. Sustainability efforts focus on fleet modernization and sustainable fuels, supporting continued sector growth amid economic and geopolitical uncertainties.

Honeywell Aerospace's stock price on Pluang is currently USD 162.80, down 3.15% in one day, with a market cap of $53.28 billion. Trading volume is active at 5,086,066 shares, and all recent order activity is selling. These figures are as of Oct 20, 2026, 07:11 WIB.

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